Jiangsu Yanghe Brewery Joint Stock Company 2025 Independent Director Performance Report
As an independent director of the eighth board of Jiangsu Yanghe Brewery Joint Stock Company (hereinafter referred to as the "Company"), I have strictly followed the "Company Law," "Securities Law," "Administrative Measures for Independent Directors of Listed Companies," "Corporate Governance Guidelines for Listed Companies," and other laws, regulations, normative documents, and the "Company Articles of Association" to diligently and prudently perform my duties as an independent director, independently and cautiously exercising my rights as an independent director, and effectively safeguarding the interests of the Company and all shareholders. The report on my performance in 2025 is as follows:
I. Basic Information of Independent Director
(I) Personal Work Experience, Professional Background, and Concurrent Positions I am Nie Yao, holding a Ph.D. I have served as a visiting scholar at the Center for Advanced Biotechnology and Medicine at Rutgers University (State University of New Jersey), an associate professor at the School of Biotechnology Engineering, Jiangnan University, and an independent director of Jinhui Liquor Co., Ltd. I am currently an independent director of the Company, and the vice dean and professor at the School of Biotechnology Engineering, Jiangnan University.
(II) Statement on Independence Upon self-examination, during my tenure as an independent director of the Company, neither I nor my immediate family members or principal social relations are employed by the Company or its affiliated enterprises. I do not directly or indirectly hold shares in the Company, nor am I employed by any entity that directly or indirectly holds 5% or more of the Company's issued shares or is among the top five shareholders. I am not employed by any affiliated enterprise of the Company's controlling shareholder or actual controller. I have no significant business dealings with the Company, its controlling shareholder, actual controller, or their affiliated enterprises, nor have I provided financial, legal, consulting, or underwriting services to the Company, its controlling shareholder, actual controller, or their affiliated enterprises. I possess the independence required by laws and regulations, and have submitted an independence self-assessment report to the Company's board of directors.
II. Overview of Independent Director's Performance in 2025
(I) Attendance at Board and Shareholder Meetings In 2025, the Company held 10 board meetings, of which I attended 8 in person and authorized proxy for 2. The Company held 4 shareholder meetings, all of which I attended in person without absence. I believe that the convening and holding procedures of the Company's board and shareholder meetings during the reporting period complied with legal requirements. The decision-making process for major operational matters was legally and effectively executed, and independent directors provided professional and independent opinions and suggestions. I voted in favor of all proposals at the board meetings.